Talk of UK Cabinet resignations today. However, Mail on Sunday's Hodges expects such interventions to start later in the week, would be surprised to see any today

The headline highlights potential UK Cabinet resignations, which could create political instability and affect market sentiment.

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Iranian Foreign Minister Baghaei says they have not yet had the opportunity to settle the score with those who acted against Iran

[MARKET ANALYSIS] USTs and Bunds off worst levels as energy benchmarks dip from overnight highs

Talk of UK Cabinet resignations today. However, Mail on Sunday's Hodges expects such interventions to start later in the week, would be surprised to see any today

Israeli PM Netanyahu is holding security consultations following Iran’s response to the US proposal

US officials cited by Iran International says Iran's response to the US proposal has blocked the path to a diplomatic solution with Tehran; "The next steps by Trump after receiving Iran's negative response are still unclear"

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However, the expectation that any significant announcements will occur later this week suggests that immediate market reactions may be muted. Traders should note the potential implications for UK assets, particularly gilts and equities, as uncertainty around governance can lead to volatility in these markets.

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